NZDUSD Tests $0.591 as NZ Central Bank Plans Rate Cut
The NZD/USD currency pair remains bearish below $0.604 and could soon test the August low of $0.585 after a brief consolidation.
Article: fxnews.me/nzdusd-tests-0-591-as-nz-central-bank-plans-rate-cut/
Article: fxnews.me/nzdusd-tests-0-591-as-nz-central-bank-plans-rate-cut/
Note
NZDUSD Bear Market Prevails as market expects rate cuts by RBNZ
The NZD/USD downtrend resumed from $0.591, targeting the November low at $0.585 amid expectations of rate cuts from the RBNZ. The outlook of the market remains bearish below the 100-SMA.
Article: fxnews.me/nzdusd-bear-market-prevails-as-rbnz-rate-cut-expectations/
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